Trading plan: BTCUSD (Bitcoin)
Bitcoin rate has not yet fully developed for purchase, but there are already premises for this. Volume analysis shows the resistance level for Bitcoin near $ 8332. We believe that at first Bitcoin rate will fall to the support level of $ 8100, and only then it will continue its growth.
Priority of the day: buy BTCUSD with a target of $ 8400.
Without correction to the previous level of support and fixing near $ 8100, we consider buying Bitcoin risky.
Projected scenarios:
1. Buy BTCUSD from $ 8100 to $ 8400.
2. Bitcoin rate may still grow slightly to the resistance level of $ 8,300, and stay in the corridor of $ 8,300 - $ 8,200 until the end of the day.
Alternative scenario:
If today Bitcoin rate first rises to $ 8,300, then it is more likely to drop down to $ 8,000. That is, its decline will continue.
Priority of the day: buy BTCUSD with a target of $ 8400.
Without correction to the previous level of support and fixing near $ 8100, we consider buying Bitcoin risky.
Projected scenarios:
1. Buy BTCUSD from $ 8100 to $ 8400.
2. Bitcoin rate may still grow slightly to the resistance level of $ 8,300, and stay in the corridor of $ 8,300 - $ 8,200 until the end of the day.
Alternative scenario:
If today Bitcoin rate first rises to $ 8,300, then it is more likely to drop down to $ 8,000. That is, its decline will continue.
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